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NTG Clarity Networks Inc V.NCI

Alternate Symbol(s):  NYWKF

NTG Clarity Networks Inc. is engaged in providing networking solutions. The Company provides telecommunications engineering, information technology, networking, and related software solutions. It operates through two segments: Canadian segment and Egypt segment. The Canadian segment is made up of activities in Canada and its offices in Saudi Arabia and Oman. The Egypt segment is its software development group and also provides professional services, offshoring services and network services to customers in Egypt. It focuses on commercial off the shelf products, serving multitude of industries, covering enterprise management solution via its flagship StageEM Enterprise Management, NTS-Billing, NTS-Inventory Management and Control, NTS-Workflow Management, NTS-Partner Relationship Management. It also provides end-to-end services including customized solutions development, such as software, Web, applications, systems integration, testing as a service (TaaS), outsourcing, and consulting.


TSXV:NCI - Post by User

Bullboard Posts
Comment by Man123on Aug 03, 2013 7:45pm
289 Views
Post# 21648733

RE:RE:Interim financials......read it thoroughly.......

RE:RE:Interim financials......read it thoroughly.......Yes....I agree with you. Do not have a strong balance sheet. No cash....no money in Bank....a lot of Receivable? If any business cant make enough/ generate sufficient working capital....within the period....no matter how much Sales you make every 3 months. If any business without having an adequate postive Cash balance wirh long overdue receivables....WIll NEVER be successful business ....and no any prudent Investor will invest on this stock. Very Very risky play. Many Insiders already sold their shares. They know what is going inside. This is one of the reason why they released their Q2 financial earler than in Usual in July. Because these Insiders know.....some of the concontracts will be canceled soon. STILL NO PROPER EXPLNATION FOR UNBILLED INVOICES. Why not any sufficient Provision for bad debts ? All these Profits they are talking about not yet Realized.......so its called fictitious profit. So first this company should do a proper follow up to collect ...all the long outstanding Receivable and Increase its Bank Balance...as a first thing....before doing anything else.. .Otherwise all this called BIG PUMP.....its now Setup for a ......PP.........
Bullboard Posts